Lahoti Overseas board to meet on May 28 to consider FY26 results

Lahoti Overseas has announced that its board of directors will meet on Thursday, May 28, 2026. The primary agenda for the meeting is to consider and approve the standalone and consolidated audited financial results of the company for the quarter and financial year ended March 31, 2026.

Agenda for the Meeting

The board will deliberate on the financial performance for the specified period. Furthermore, the directors will evaluate the possibility of recommending a dividend on equity shares for the financial year ended March 31, 2026. Any declaration regarding the dividend will be subject to the board's decision during the meeting.

Trading Window Closure

In compliance with the 'Code of Conduct for Prevention of Insider Trading' and the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the company has informed its directors and designated persons about the closure of the trading window. This restriction is effective from April 01, 2026, and will remain in place until the expiry of 48 hours after the declaration of the audited financial results for the quarter and year ended March 31, 2026.

The meeting is scheduled to be held at the company's registered office in Mumbai. The intimation was formally addressed to BSE Limited, providing the necessary details regarding the scrip code and the purpose of the board meeting.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.83%	-7.11%	-2.30%	-2.52%	-2.52%	-2.52%

Lahoti overseas has received a credit rating upgrade from ICRA Limited, as communicated to BSE Limited under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulation, 2015. The rating agency has reaffirmed and enhanced the company's credit ratings across multiple banking facilities.

Credit Rating Details

ICRA Limited has taken comprehensive rating actions for Lahoti Overseas' banking instruments, covering both fund-based and non-fund-based facilities:

Instrument Type	Rated Amount (Rs. Crore)	Current Rating	Previous Rating	Action
Short-term Interchangeable Limits	10.00	[ICRA]A3+	[ICRA]A3+	Reaffirmed
Fund-based Cash Credit	124.20	[ICRA]BBB(Stable)/[ICRA]A3+	[ICRA]BBB(Stable)/[ICRA]A3+	Reaffirmed/Assigned for enhanced amount
Total Facilities	124.20

Banking Partner Distribution

The rated facilities are distributed across multiple banking partners, demonstrating the company's diversified funding approach:

Bank	Facility Type	Amount (Rs. Crore)	Rating
HDFC Bank Limited	Fund Based Limits	40.00	[ICRA]BBB(Stable)/[ICRA]A3+
DBS Bank Limited	Fund Based Limits	22.00	[ICRA]BBB(Stable)/[ICRA]A3+
YES Bank Limited	Fund Based Limits	20.00	[ICRA]BBB(Stable)/[ICRA]A3+
Federal Bank Limited	Fund Based Limits	20.00	[ICRA]BBB(Stable)/[ICRA]A3+
ICICI Bank Limited	Fund Based Limits	15.00	[ICRA]BBB(Stable)/[ICRA]A3+
Shinhan Bank	Fund Based Limits	7.20	[ICRA]BBB(Stable)/[ICRA]A3+
DBS Bank Limited	Non Fund-Based Facilities	10.00	[ICRA]A3+

Rating Significance

The [ICRA]BBB(Stable) rating indicates adequate credit quality with moderate credit risk, while the stable outlook suggests that the rating is unlikely to change in the near term. The [ICRA]A3+ short-term rating reflects adequate liquidity position and moderate safety for timely payment of short-term debt obligations.

Regulatory Compliance

The rating communication, dated February 25, 2026, was formally submitted to BSE Limited on February 26, 2026, by Managing Director Umesh Lahoti. All rating assignments became effective from February 20, 2026, and will be due for surveillance within one year from the rating communication date.

ICRA Limited has reserved the right to review and revise the ratings based on new information or circumstances that could impact the company's credit profile. The rating agency has also requested immediate notification of any defaults, delays in repayment, or significant developments that could affect the company's debt servicing capability.